AYAL Capital Advisors Ltd

Toronto, A6 · CIK 2011524 · 13F filing filed 2026-08-14

Exempt reporting adviser since 2013 · corporation

Private funds2 (2 hedge) · $277.1m gross assets
Websiteayalcapital.com
Form ADV · 2026-07-02SEC adviser record

Legal entityAYAL CAPITAL ADVISORS LIMITED (CA)

Kindhedge funds
Others nearbyToronto

As an employer

Offices in1 country
Private fundshedge 2

$195.3m reported value -0.1% vs Q1 2026

39positions

45.6%in top 10

18 new 7 added 10 reduced 17 sold out vs Q1 2026

Options: 1 call positions ($8.3m notional), 4 put positions ($166.1m notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	PROPETRO HLDG CORP COM PUMP	PUMP	979,100	$14.0m7.19%	7.19%	Added +493.1k	+493,100 101.5%
2	CELESTICA INC COM CLS	CLS	30,600	$11.2m5.72%	5.72%	Reduced -3.2k	-3,200 -9.5%
3	PORCH GROUP INC COM PRCH	PRCH	648,829	$9.8m5.00%	5.00%	Reduced -57.8k	-57,833 -8.2%
4	SOLARIS ENERGY INFRAS INC COM CL A SEI	SEI	109,100	$8.8m4.50%	4.50%	Reduced -159.7k	-159,700 -59.4%
5	PAR TECHNOLOGY CORP COM PAR	PAR	450,000	$7.8m4.01%	4.01%	Added +226.9k	+226,862 101.7%
6	RESIDEO TECHNOLOGIES INC COM REZI	REZI	250,000	$7.8m3.98%	3.98%	Unchanged
7	TELESAT CORP CL A & CL B SHS TSAT	TSAT	151,500	$7.7m3.93%	3.93%	Added +3.5k	+3,500 2.4%
8	GILDAN ACTIVEWEAR INC COM GIL	GIL	146,800	$7.6m3.88%	3.88%	New
9	STONERIDGE INC COM SRI	SRI	1,004,860	$7.4m3.77%	3.77%	Reduced -84.1k	-84,140 -7.7%
10	ORTHOFIX MED INC COM OFIX	OFIX	775,421	$7.1m3.63%	3.63%	Reduced -8.3k	-8,268 -1.1%
11	REGAL REXNORD CORPORATION COM RRX	RRX	28,000	$6.7m3.42%	3.42%	New
12	SOTERA HEALTH CO COM SHC	SHC	362,000	$6.4m3.29%	3.29%	Added +182.0k	+182,000 101.1%
13	GOLAR LNG LTD SHS GLNG	GLNG	125,219	$6.2m3.20%	3.20%	Added +13.5k	+13,500 12.1%
14	KBR INC COM KBR	KBR	170,000	$5.9m3.01%	3.01%	New
15	FLEX LTD ORD FLEX	FLEX	36,000	$5.8m2.99%	2.99%	New
16	COGENT COMMUNICATIONS HLDGS COM NEW CCOI	CCOI	400,000	$5.6m2.84%	2.84%	New
17	APTIV PLC COM SHS APTV	APTV	90,000	$5.5m2.83%	2.83%	Reduced -5.0k	-5,000 -5.3%
18	AMERICAN AXLE & MFG HLDGS IN COM DCH	DCH	1,002,100	$5.4m2.78%	2.78%	Added +202.1k	+202,100 25.3%
19	GRIFFON CORP COM GFF	GFF	55,000	$5.4m2.75%	2.75%	Reduced -65.0k	-65,000 -54.2%
20	CENTURI HOLDINGS INC COM SHS CTRI	CTRI	175,000	$5.3m2.71%	2.71%	Unchanged
21	SLM CORP COM SLM	SLM	200,000	$5.2m2.66%	2.66%	Reduced -100.0k	-100,000 -33.3%
22	NEXTNAV INC COMMON STOCK NN	NN	281,600	$5.0m2.57%	2.57%	New
23	FORTUNE BRANDS INNOVATIONS I COM FBIN	FBIN	90,274	$5.0m2.54%	2.54%	New
24	BIO RAD LABS INC CL A BIO	BIO	16,333	$4.8m2.46%	2.46%	New
25	SUPER GROUP SGHC LIMITED ORD SHS SGHC	SGHC	340,000	$4.6m2.36%	2.36%	Reduced -32.0k	-32,000 -8.6%
26	SKY HARBOUR GROUP CORPORATIO COM CL A SKYH	SKYH	424,592	$4.2m2.14%	2.14%	Unchanged
27	QUIDELORTHO CORP COM QDEL	QDEL	180,000	$3.2m1.61%	1.61%	New
28	BALL CORP COM BALL	BALL	42,500	$2.7m1.36%	1.36%	New
29	HUB GROUP INC CL A HUBG	HUBG	52,500	$2.3m1.18%	1.18%	New
30	AMBAC FINL GROUP INC COM NEW OSG	OSG	280,000	$1.7m0.89%	0.89%	New
31	RED ROBIN GOURMET BURGERS IN COM RRGB	RRGB	179,944	$1.4m0.74%	0.74%	New
32	GFL ENVIRONMENTAL INC SUB VTG SHS GFL	GFL	35,000	$1.3m0.66%	0.66%	New
33	COMPASS INC CL A COMP	COMP	100,000	$1.2m0.63%	0.63%	New
34	SPROTT INC COM NEW SII	SII	9,500	$1.1m0.55%	0.55%	New
35	COLLIERS INTL GROUP INC SUB VTG SHS CIGI	CIGI	11,000	$1.0m0.53%	0.53%	Added +6.0k	+6,000 120.0%
36	ENVIRI CORP COM NVRI	NVRI	46,181	$1.0m0.52%	0.52%	New
37	TRANSALTA CORP COM TAC	TAC	65,000	$899.0k0.46%	0.46%	Unchanged
38	LATHAM GROUP INC COM SWIM	SWIM	112,188	$725.9k0.37%	0.37%	New
39	BOYD GROUP SERVICES INC COM BGSI	BGSI	7,566	$715.9k0.37%	0.37%	Reduced -63.6k	-63,634 -89.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TFI INTL INC TFII	TFII	79,900	$8.7m79.9k shares
ARCOSA INC ACA	ACA	73,400	$7.8m73.4k shares
ANTERIX INC ATEX	ATEX	197,119	$7.5m197.1k shares
MIDDLEBY CORP MIDD	MIDD	50,000	$6.6m50.0k shares
SEMTECH CORP SMTC	SMTC	72,400	$5.6m72.4k shares
CALUMET INC CLMT	CLMT	151,877	$5.5m151.9k shares
METHANEX CORP MEOH	MEOH	91,418	$5.4m91.4k shares
DUCOMMUN INC DEL DCO	DCO	40,000	$4.9m40.0k shares
NETGEAR INC NTGR	NTGR	180,000	$3.9m180.0k shares
LULULEMON ATHLETICA INC LULU	LULU	25,000	$3.8m25.0k shares
GXO LOGISTICS INCORPORATED GXO	GXO	55,000	$2.9m55.0k shares
VOYAGER TECHNOLOGIES INC VOYG	VOYG	110,000	$2.6m110.0k shares
INGEVITY CORP NGVT	NGVT	30,463	$2.2m30.5k shares
TIPTREE INC TIPT	TIPT	32,523	$550.3k32.5k shares
CAE INC CAE	CAE	16,500	$429.8k16.5k shares
ALGOMA STL GROUP INC ASTL	ASTL	95,000	$392.4k95.0k shares
APTIV PLC APTV-W	APTV-W	1,000	$58.5k1.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	130,500	$97.5m130.5k shares	Added
GLOBAL X FDS AIQ · Put	AIQ	Put	494,500	$32.4m494.5k shares	New
INVESCO QQQ TR QQQ · Put	QQQ	Put	40,200	$29.6m40.2k shares	New
HUB GROUP INC HUBG · Call	HUBG	Call	190,000	$8.3m190.0k shares	New
TEMA ETF TRUST NASA · Put	NASA	Put	217,500	$6.6m217.5k shares	New